Insurance requirements for Ontario drivers falls under the Compulsory Automobile Insurance Act of Ontario.
Under the Compulsory Automobile Insurance Act, the owner of a motor vehicle is responsible for insuring that the vehicle is covered with liability insurance before the vehicle is driven on the roadway.
Even if the owner of the vehicle is not driving, they can be charged with “permitting the operation of a motor vehicle without insurance”.
The fine for driving without insurance is five thousand ($5000.00) dollars, plus a surcharge (tax) of approx. twenty percent (20%) for a first offence.
Meaning if you are caught driving without insurance the total fine is six thousand two hundred and fifty ($6,250.00) dollars. Where there is a subsequent conviction the fine doubles each time.